Question : Name the type of plan in which the move of competitors is considered?
Option 1: Budget
Option 2: Rule
Option 3: Strategy
Option 4: Method
Correct Answer: Strategy
Solution : A strategy is a comprehensive plan to achieve the organisational objective. The dimension of strategy are : the move of competitors is considered, Determining long term objective, Adopting a particular course of action, Allocating resources for achieveing the objective. Hence, option 3 is the correct answer.
Question : Which one of the following is a single use plan?
Option 1: Strategy
Option 3: Budget
Question : Name the type of plan, which is in the form of general statements and channelises energies towards a particular directions.
Option 3: Policy
Question : ___________ is the type of plan which is time bound and linked with measurable outcome.
Option 2: Policy
Option 3: Rule
Option 4: Budget
Question : Which type of plan is developed to guide the day-to-day operations of an organization?
Option 1: Strategic plan
Option 2: Operational plan
Option 3: Contingency plan
Option 4: Tactical plan
Question : Training, lectures and seminars are parts of _______ plan
Option 1: Rules
Option 2: Procedures
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